JC
All good and well to say they will meet LNG sales figures in 2017 but in reality to date
Qtrly sales revenue $ 1.11 billion versus $1.76 billion a year ago
Taking into account a reduced poo from 60 to 30-35 represents another minimum 40% decline on NPAT.
LNG as a whole look shaky IMO, Asian demand are at all time lows and some players could just be loading the ships and breaking even. Not sure what wpl make per shipment I never got around to finding the exact figure.
WPL still ny fave oiler at the right price and in the right environment
Some worrying signs
US GDP eeked out a tiny 0.7% in the fourth quarter down from 2.0
China PMI @ 48.4 is a contraction and near 17 month lows
The world badly needs stimulus with Japan even conceding their stance,
Stimulus is badly needed in Asia and Europe and now America showing cracks.
IMO
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